Kuwait Fund for Arab Economic Development
Alghanem also pointed out that the KFAED is a key partner for Egypt, emphasizing the volume of work and achievements in megaprojects.
President Abdel Fatah al-Sisi ratified on Thursday a loan agreement worth KD15 million with the Kuwait Fund for Arab Economic Development.
The agriculture sector is dominating the largest share in the projects at LE 505.5 million.
The first KWD 12.5 million- agreement will finance connecting water networks in Al-Arish City.
Minister of Investment's Advisor for Arab Affairs Ghadeer Hegazi initialed Wednesday.
Al-Sisi hails close cooperation between Egypt and the Kuwait Fund for Arab Economic Development.
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